Following Donald Trump’s victory within the U.S. presidential election, his non-fungible token (NFT) collections and Trump-themed memecoins skilled a big surge in curiosity and exercise.
CryptoSlam knowledge exhibits that Trump’s “Digital Trading Cards Series 2” skilled a pointy rise prior to now 24 hours, with gross sales up by +708% and transactions growing by +608%.
Nevertheless, this uptick had already been constructing since tensions flared within the Trump-Harris marketing campaign. Over the previous 30 days, Collection 2 reported a +644% improve in gross sales, a +525% rise in transactions, and a +132% increase in consumers.
Collection 1 of Trump’s NFT assortment additionally noticed notable features. Within the final 30 days, its gross sales elevated by +174%, with transactions up by +186% and the variety of consumers rising by +181%.
Past NFTs, Trump-themed memecoins have skilled comparable surges. MAGA (TRUMP) One noticed a large one-day value improve of 786.43%, with buying and selling quantity skyrocketing by 1407.79%, totaling over $3.62 million, based on CoinMarketCap.
This isn’t the primary time a Trump-themed memecoin has seen an increase. In Might, Trump’s crypto property reached a excessive of $10 million, primarily pushed by the MAGA (TRUMP) coin, which peaked at $13.24 on Might 27. One other value bounce of over 63% occurred for a similar memecoin in July following an tried assault on Trump in Butler, Pennsylvania.
The group may even see this surge as a constructive signal. Trump has beforehand proven assist for Web3 applied sciences and has been vocal about his favorable stance on crypto and NFTs.
A latest monetary disclosure reveals that Trump holds between $1 million and $5 million in Ether (ETH) and earned $7.1 million from NFT licensing charges.
Trump’s first NFT assortment launched in late 2022. His third launch, titled “Mugshot,” included a bodily merchandise — a bit of the go well with he wore throughout his August 2024 arrest in Fulton County, Georgia.
In August, Trump launched his fourth and last pre-election NFT assortment, “America First.” This collection featured buying and selling playing cards of him and perks like sneakers, fragments of his go well with, and VIP entry to a gala dinner.